Recommendations of Managing Cultural Change At Pandg Case Help

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Recommendations of Managing Cultural Change At Pandg Case Study Solution

On the basis of above internal and external analysis of the company along with the assessment of various alternatives, the company is recommended to consider alternative 3. As alternative 3 would permit the company to broaden in worldwide markets with no decrease in its regional revenues and any deterioration of its market position. By considering Alternative 3, the business might preserve its shop experience and brand name originality. However, it could likewise consider alternative 2 that might permit the business to access the marketplaces with no prospective financial investment. The company might pursue alternative 1 which would make it possible for the company to focus on prospective international markets rather than the regional markets however as the company is highly reliant on the regional markets with 90% of its shops in the United States, there fore pursuing alternative 1 would result in the significant decrease in company's revenue. The company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Managing Cultural Change At Pandg Case Solution Stores

Expansion towards worldwide markets through opening brand-new stores in other Europe and Asian nations with closing domestic stores is although a great choice for increasing the global presence of the company. The closing of domestic shops might extremely impact the profits of the company as above 90% of its stores are located domestically and closing those stores would ultimately minimize the earnings of the company. Additionally, the company has a long term market position in US which can not be produced soon in the brand-new markets. The choice would assist the business to broaden in worldwide markets together with the removal of problems raised in its local markets related to its diversity. The pros and Cons for Option 1 are noted below;

Pros:

• Exploration of new global markets.
• Increase in income from worldwide markets.
• Elimination of problems related to variety.
• Earnings diversification.
• Action towards being a strong global brand name.

Cons:

• Loss of comprehensive revenues from the regional markets.
• Increase in competition.
• Differences in cultures could led to a failure of the brand name especially in Asian countries.
• Low incomes at initial levels.
• Boost in marketing expenses to gain market share.

Alternative-2: Introduction of Click and Recommendations of Managing Cultural Change At Pandg Case Analysis Stores

With the increased trends towards online shopping, the online stores like Amazon, Alibaba and so on might position an extreme threat to the market share of company. In this situation the business might think about presenting Click and Recommendations of Managing Cultural Change At Pandg Case Solution stores. These shops with a low requirement of funds to settle would make it possible for the business to reach international markets, without ending its domestic shops.

Pros:

• Low financial investment
• Minimizing competitors danger
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Big Profits
• Low Operating Expense
• Easy new market entrance

Cons:

• Hazard to the market position
• Elimination of brand Individuality
• Removal of the excellent shop experience.
• Threat of decline in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another alternative that the company could consider, is to broaden towards the global markets without closing its domestic stores that contributes to the major part of incomes of the company. The benefits and drawbacks connected to Alternative 3 are provided listed below;

Pros:

• Decreasing competition risk
• Access to the world markets
• Expanding consumer base
• Large Earnings
• Expedition of brand-new global markets.
• Increase in earnings from global markets.
• Income diversification.
• Step towards being a strong international brand.

Cons:

• Extension of problems connected to variety.
• Differences in cultures could caused a failure of the brand specifically in Asian nations.
• Low earnings at preliminary levels.
• Increase in marketing expenses to acquire market share.



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